ETH - 1D - 11.07.2026Ethereum / Tether LINEAR FUTURES CONTRACTBITUNIX:ETHUSDT.PpriitzzyThis chart shows Ethereum consolidating directly inside a major mid-range pivot zone, acting as a gatekeeper before a potential rally toward the master range highs. 🔍 Key Levels & Market Structure Analysis The Immediate Resistance/Pivot Zone ($1,783 – $1,805): Price is currently sitting directly inside this pink-shaded band. This level has acted as strong support in the past and is now flipping to resistance. The Master Range High Block ($1,882 – $1,915): If bulls successfully clear the current $1,805 level, this upper pink zone is the next key target. It is a major institutional supply block that led to the severe June market dumps. The High-Volume Demand Zones ($1,635 and $1,568): The two lower blue bands represent robust historical buying support. The bounce out of the $1,568 level at the end of June set up the current upward structure. 📈 Trading Strategy & Execution Plan Because price is currently trading dead center inside a strong horizontal resistance zone, wait for clear boundary confirmations before taking action. Strategy 1: The Breakout & Retest Long (Bullish Continuation) If the daily candle breaks above the current resistance zone, wait for a minor pull back to flip the level from resistance to support. Trigger: A clean daily candle body closing completely above $1,805. Entry Zone: Look for entries on a pull back back down to $1,785 – $1,800. Stop Loss: Below the recent consolidation wick at $1,730. Take Profit Target: $1,882 (Target 1) and $1,915 (Target 2). Strategy 2: The Range-Bound Short (Bearish Rejection) If price fails to hold above the current level and forms a daily bearish engulfing pattern or long upper wick, trade the range rotation back down to support. Trigger: Bearish candlestick confirmation at the current $1,799 mark. Entry Zone: $1,795 – $1,805. Stop Loss: Strictly above $1,820 (Invalidated if the daily candle stays above the zone). Take Profit Target: $1,635 (The first blue support band). 💡 Core Execution Rule Entering a long position right now puts you at a disadvantage because you are buying directly into an unconfirmed resistance roof. Wait for either a clean daily close above $1,805 to confirm a breakout, or a pull back down towards $1,635 to secure a high-probability discount entry.